Welcome to my website and thanks for reading my Farm Mining Review!
There has been lots of buzz around the crypto MLM space with this fairly new company.
It’s been a minute since we have seen a mining MLM get traction could this be the next USI Tech?
Today I’ll be looking at Farm Mining as a company, their products and compensation plan.
When you are through reading my review you will know exactly how I feel about the company.
Ready to get started? Let’s Go!
Farm Mining Review
Once again it’s like a broken record and I’m sure you know exactly what I’m about to say.
There is nothing on their website about who owns or operates Farm Mining.
What I can tell you is this…
Their website “farm-mining.com” was privately registered on June 2nd, 2019 so it’s less then two months old.
They also went the UK certificate route to incorporate themselves on their website.
As I have stated in past review this isn’t saying much as this is very easy to do and inexpensive.
All they would need is a virtual address which is very easy to access and a few dollars and BOOM they are incorporated.
After checking out their traffic stats most of the people going to their website are from Brazil, Iran and India.
- Brazil 22%
- Iran 12%
- India 11%
I’m sure this will change with time and numbers will fluctuate but as of today that is what I see.
If I were to take a very good guess the admins of the company are probably not from those countries.
Farm Mining Products
After going through their website there doesn’t seem to be an real products or services to purchase.
However you can become and affiliate, give them some money and hope it all works out for you.
Probably not a wise idea.
Farm Mining Compensation Plan
Farm Mining members would invest with Bitcoin.
After doing so the company is giving them a promise they will receive a ROI for 360 days.
It’s a pretty simple compensation plan to understand and how commissions are paid out.
It is a unilevel that pays out on 10 levels.
Residuals are paid out to members as a percentage invested across ten levels.
Here is the breakdown:
What is the cost to join Farm Mining?
As stated above the cost to join Farm Mining ranges from 0.0005 to 0.5 BTC which is actually fairly low in comparison to other crypto MLM companies.
Farm Mining Bottom Line – Legit or Scam?
Well after going through their information I’m not really sure where their income is coming from.
One section says they have a “team in Financial Market” earning 3% to 4% and another section talks about mining returns.
Ok so which is it?
I’ve seen it all with mining and bitcoin cloud mining services.
Basically ever single one I’ve come across that has a daily ROI has been a scam.
Of course when crypto was new it was very easy for these companies to lie.
When I first started in crypto few years back I actually joined a Ponzi and had no idea.
The company owners were walking around mining facilities claiming it was their’s (which it was NOT) soon after going out of business.
Of course after stealing millions from the majority of the distributors.
Crypto MLM ROI = Scams
I’ve yet to see a crypto MLM with ROI attached to it that isn’t a scam.
All income generated is solely through members signing up and investing in the scheme.
There is never real mining or trading going on it’s all smoke and mirrors and a very small percentage of people actually make a profit.
At the end of the day whether you profit or not Ponzi’s are illegal and you shouldn’t join regardless of how much you can make.
So I’m guessing Farm Mining does not have any mining or trading happening certainly not enough to sustain for the long term.
Hope you enjoyed my Farm Mining Review if you have any questions feel free to comment below.
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